Village Farms: Analyst Consensus Points To Positive Q2 EBITDA Of $1.31 Million

Village Farms International, Inc. (TSX: VFF)  announced that they will be reporting their second quarter financials before market open on August 9.

Analysts have a consensus C$23.39 12-month price target on the company, via a total of 6 analysts, with one analyst having a strong buy rating, and the other five have buy ratings. The street high comes from Raymond James with a C$32.84 price target, and the lowest target comes from Craig Hallum with a C$16 price target.

5 analysts have revenue estimates for the second quarter. The mean between all 5 is C$62.99 million; this number has been revised slightly downwards from C$66.40 million at the start of the year. The street high is C$66.70 million while the lowest sits at C$58.91 million.

Three analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 10.2%, with this number being revised downwards from 20.85% at the start of the year. Street high goes to Craig Hallum with a 12.30% estimate and the lowest sits at 6.30%.

Onto EBITDA estimates, there are currently only 5 analysts who have second quarter EBITDA estimates. The mean is currently C$1.31 million, with this number being lower at the start of the year. Street high goes to Craig Hallum with a C$2.25 million EBITDA estimate and the lowest being a C$0.5 million estimate.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver Is a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Is This the End of the Gold and Silver Rally? | Peter Grandich

Why Gold And Silver Stay High Even After Rate Cuts | Todd Bubba Horwitz

Recommended

Total Metals Launches 5,500 Metre Drill Program At ElectroLode Property

Mercado Minerals Launches Two Phase Geophysical Program At Copalito Project

Related News

BMO: HSBC Canada Acquisition By Big 6 Would Be “Accretive To Safety And Soundness Of The Banking System In Canada.”

Earlier this month, it was reported that HSBC (NYSE: HSBC) was exploring the sale of...

Sunday, October 16, 2022, 11:14:00 AM

Canaccord Maintains $1.00 Price Target On Tilt Holdings

TILT Holdings (CSE: TILT) reported its second quarter revenues recently, posting revenue that was down...

Wednesday, August 26, 2020, 11:27:00 AM

ReconAfrica: Haywood Lifts Price Target To $16.00 Following Operational Update

On June 24th, ReconAfrica (CVE: RECO) provided an operational and COVID-19 update, wherein the company...

Monday, June 28, 2021, 11:36:00 AM

Canaccord: “Gold’s Ready For Liftoff”

On Monday, Canaccord put out a precious metals industry update, saying, “The war in Ukraine...

Wednesday, March 9, 2022, 05:08:00 PM

BMO Lowers Microsoft’s Price Target Due To US Dollar Strength

As earnings season is fast approaching, analysts are coming out with their previews, and one...

Tuesday, July 26, 2022, 02:18:00 PM